Wellington Management Group LLP Has $1.32 Million Stock Position in NextDecade Co. (NASDAQ:NEXT)

Wellington Management Group LLP boosted its holdings in NextDecade Co. (NASDAQ:NEXT - Free Report) by 65.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 171,169 shares of the company's stock after buying an additional 67,571 shares during the period. Wellington Management Group LLP owned approximately 0.07% of NextDecade worth $1,320,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of NEXT. Steward Partners Investment Advisory LLC increased its position in NextDecade by 350.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company's stock worth $35,000 after acquiring an additional 3,485 shares during the period. Mainstream Capital Management LLC acquired a new stake in NextDecade in the 4th quarter worth $56,000. Briaud Financial Planning Inc increased its holdings in shares of NextDecade by 29.2% during the 4th quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company's stock worth $71,000 after purchasing an additional 2,109 shares during the period. Cibc World Markets Corp acquired a new position in shares of NextDecade during the fourth quarter valued at about $83,000. Finally, Stoneridge Investment Partners LLC acquired a new position in shares of NextDecade during the fourth quarter valued at about $91,000. 66.74% of the stock is currently owned by institutional investors and hedge funds.

NextDecade Stock Performance

NEXT stock traded up $0.36 during trading on Friday, reaching $7.82. 2,513,164 shares of the stock were exchanged, compared to its average volume of 1,865,135. NextDecade Co. has a twelve month low of $4.27 and a twelve month high of $9.71. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 3.17. The company has a market capitalization of $2.04 billion, a P/E ratio of -6.98 and a beta of 0.80. The stock has a 50 day simple moving average of $7.63 and a 200-day simple moving average of $7.23.

NextDecade (NASDAQ:NEXT - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported ($1.86) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($1.67). As a group, sell-side analysts anticipate that NextDecade Co. will post -0.61 earnings per share for the current year.

NextDecade Company Profile

NextDecade Corp. is a development company.